 "Bhushan Steel")
UK-based Liberty House has bid for Bhushan Power and Steel. The creditors would examine its proposal on Wednesday, said sources close to the development.
As the last date for submission of bids was February 8, the resolution professional concerned will not take a decision on whether the bid should be accepted. The ball is in the creditors’ court.
If the bid is accepted, it will be the third one for Bhushan Power and Steel. JSW Steel and Tata Steel have already expressed an interest to buy the heavily indebted firm that was referred to the National Company Law Tribunal (NCLT) by the
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